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Financial Results
Old National profit falls, but beats expectations
July 27, 2009
Scott OlsonSecond-quarter profit for Old National Bancorp fell 50 percent from the same period a year ago, but the company still managed
to exceed analysts’ expectations.
MoreBiomet reports loss on special charges
July 15, 2009
IBJ StaffBiomet Inc. yesterday reported a $170.9 million loss in its fiscal fourth quarter as the result of more than $300 million
in special charges.
MoreInteractive Intelligence expects higher profit
July 14, 2009
Interactive Intelligence said yesterday it expects a profit of between $1.8 million and $2.5 million in the second quarter,
up from $845,000 the company earned in the same period last year.
MoreBrightpoint's Danish deal not so sweet two years later
July 13, 2009
Greg AndrewsThe cross-continent mega deal that made Brightpoint Inc. the world’s biggest wireless phone distributor
has lost much of its sheen two years after being struck. Brightpoint Inc. in August 2007 purchased Denmark-based
Dangaard Telecom for $385 million in stock and the assumption of $350 million in Dangaard debt.
MoreFortune ekes out profit on falling revenue
July 13, 2009
Indianapolis-based Fortune Industries Inc. managed a small profit in its third quarter and now has turned a profit in each
of its last three quarters, the company announced this morning.
MoreDebt maneuvers help Emmis turn quarterly profit
July 10, 2009
IBJ StaffEmmis Communications Corp. reported a quarterly profit today after buying back a big chunk of its own debt on the cheap, but
the outlook for the company remains grim. The radio broadcaster and magazine publisher saw revenue plunge 27 percent.
MoreSteak n Shake sales, traffic rise
July 8, 2009
IBJ StaffSteak n Shake Co. yesterday reported big increases in customer traffic and same-store sales for its fiscal third quarter,
which ended July 1. Customer traffic rose 13.4 percent and same-store sales jumped 5 percent in the quarter compared to the
same period a year ago, it said in a brief Securities and Exchange filing.
MoreDuke upends growth plan, focuses on paying debt
March 16, 2009
Greg AndrewsIn this horrendous environment, nothing is more important for a debt-laden public company than proving it can pay its bills
MoreMall giant says it's in good shape, but takes steps to conserve cash
February 9, 2009
Cory SchoutenDespite assurances of strength, Simon Property Group Inc. has decided to pay 90 percent of its dividend in stock, a move that
allows the company to hold onto $925 million in cash this year but could alienate shareholders drawn by the dividend.
MoreEmmis' market value in free fall as radio industry takes beating
September 29, 2008
Anthony SchoettleFor more than two years, Smulyan, 61, has been unflaggingly optimistic during quarterly conference calls. But since early 2007, Emmis' stock has fallen 84 percent, shrinking the company's stock market value from $307 million to $48 million. The troubles have cast uncertainty over one of Indianapolis' highest-profile businesses.
Hat World shows sign of recovering from lackluster year
August 4, 2008
Chip CutterThe locally based headwear retailer Hat World made a name for itself by snatching up competitors and opening hundreds of stores around the country. However, after sluggish sales in the fiscal year that ended Feb. 2, the company--a unit of Nashville, Tenn.-based Genesco Inc.--says it plans to open fewer stores than usual this year so officials can put their focus back on existing operations.
Investments propel Baldwin & Lyons profit
July 30, 2008
IBJ StaffBaldwin & Lyons Inc. said today that its profit last quarter was the second-highest in company history, as investment
gains from recovering equity markets helped boost performance.
MoreSteak n Shake expects 'rebuilding year'
August 20, 2007
Cory SchoutenSteak n Shake Co. CEO Peter M. Dunn analyzed and measured just about everything at the restaurant chain, from drive-through
times to employee turnover. All that research and testing was welcome when the company was thriving a few years ago. But the
lack of evidence that all the analysis was paying off eroded Wall Street's confidence in Dunn.
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Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.
The Prestige was a great flick.
Larry - even though the race is on ABC, ESPN does all of the work, so that is why ESPN is mentioned. Most sports on ABC are called something like "ESPN on ABC."